SpaceX Launches ‘Direct To Cell’ Website Page

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🚨 🚨 SpaceX has launched a ‘Direct To Cell’ website page. Starlink satellites with Direct to Cell capabilities enable ubiquitous access to texting, calling, and browsing wherever you may be on land, lakes, or coastal waters

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Gen Z Worried About Rising Prices

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🚨 🚨 Gen Z Worried About Rising Prices: People born after the first United Nations climate summit in 1995 are more worried about rising prices than global warming, a new survey finds

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The Worst IPO Ever

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🩴 🩴 The Worst IPO Ever: Birkenstock might go down in history as one of the worst IPOs of all time. The stock is already beginning to buckle
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Odds Of Sep Rate Hike Increase

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🇺🇸 🇺🇸 Odds Of Sep Rate Hike Increase: Odds of another rate hike rise to ~29% after September PPI inflation report. Meanwhile, the base case now shows interest rate CUTS beginning in June 2024

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Microsoft To Receive UK Approval Soon

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🚨 🚨 Microsoft To Receive UK Approval Soon: Microsoft Corp. (MSFT)’s rehashed $69 billion acquisition of Activision Blizzard Inc. (ATVI)is set to avoid another European Union probe, paving the way for closing of the gaming industry’s biggest ever deal as soon as Britain’s antitrust regulator gives its expected approval in the coming days

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Singapore Is Winning Out Over HK

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🇸🇬 🇭🇰 Singapore Is Winning Out Over Hong Kong: ANZ Group Holdings Ltd (ANZ) Chief Executive Officer Shayne Elliottsaid his customers moved more of their business to Singapore from Hong Kong in the past few years as the smaller Asia-Pacific trading hub narrows the gap to its larger rival

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Biden May Freeze Iranian Oil Money

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🇮🇷 🇮🇷 Biden administration officials are leaving open the possibility of re-freezing $6 billion in Iranian oil money that was released as part of a prisoner swap amid growing bipartisan criticism after Iran-backed Hamas militants attacked Israel

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Big Banks Write Off Bad Loans

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🇺🇸 🇺🇸 Big Banks Write Off Bad Loans: JPMorgan Chase & Co, Citigroup Inc and Wells Fargo & Co which report third-quarter results Friday, will join Bank of America Corp — which comes Tuesday — in posting roughly $5.3 billion in combined third-quarter net charge-offs, the highest for the group since the second quarter of 2020 according to data compiled by Bloomberg.

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Analysis: China Is Moving Away From Growth Model

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🇨🇳 🇨🇳 A rare mid-year revision to China’s national budget to juice the economic recovery with more stimulus would signal top leaders are moving away from a growth model that has piled ever more debt on local governments

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